Browsing: FX
Daily FX Rate: Naira Rises to N1,448/$ in Official Market The naira rose against the dollar in the Nigerian Foreign…
Naira Appreciates to N1457.96 as Dollar Supply Remains Healthy Trading strong week on week, the naira climbed to N1457 at…
Naira Steadies at N1463/$ in Absence of FX Liquidity Pressure Reflecting the absence of demand pressures, the naira held its…
FX Inflows into Nigeria’s Foreign Exchange Market Falls by 33% FX inflows into the Nigerian foreign exchange market fell by…
US Dollar Falls Versus GBP, EUR as Markets Price Rate Cuts The dollar declined as markets priced two US Federal…
Naira Falls as Spike in FX Demand Eclipses CBN Interventions Even with two times FX sales to banks, the Naira…
Nigeria’s Forex Market Turnover Rises by 56% to $8.6bn—CBN Nigeria’s foreign exchange market (forex) turnover has grown by 56.4%, reaching…
Naira Gains as Nigeria’s Foreign Reserves Climb to $42.669bn The naira gained as Nigeria’s foreign reserves climbed to $42.669 billion…
Naira Falls in Absence of FX Sales to Boost Dollar Supply The naira fell again, settling at N1473.2943/$ at the…
Pound Falls, UK Jobs Data Fuels BoE Rate Cut Expectation Investors sold down the British pound, with the US dollar…